Sierra Leone Inflation Rate 2007-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Sierra Leone inflation rate for 2021 was 11.87%, a 1.57% decline from 2020.
  • Sierra Leone inflation rate for 2020 was 13.45%, a 1.36% decline from 2019.
  • Sierra Leone inflation rate for 2019 was 14.81%, a 1.22% decline from 2018.
  • Sierra Leone inflation rate for 2018 was 16.03%, a 2.19% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zimbabwe 98.55%
Ethiopia 26.84%
Haiti 16.84%
Guinea 12.60%
Sierra Leone 11.87%
South Sudan 10.52%
Burundi 8.40%
Gambia 7.37%
Madagascar 5.81%
Mozambique 5.69%
Central African Republic 4.26%
Nepal 4.09%
Mali 3.93%
Niger 3.84%
Tanzania 3.69%
Burkina Faso 3.65%
Guinea-Bissau 2.24%
Uganda 2.20%
Benin 1.73%
Rwanda -0.39%
Chad -0.77%
Sierra Leone Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 11.87% -1.57%
2020 13.45% -1.36%
2019 14.81% -1.22%
2018 16.03% -2.19%
2017 18.22% 7.34%
2016 10.89% 4.20%
2015 6.69% 2.05%
2014 4.64% -0.88%
2013 5.52% -1.06%
2012 6.59% -0.20%
2011 6.79% -0.39%
2010 7.19% -0.28%
2009 7.47% -0.74%
2008 8.21% -3.44%
2007 11.65% -3.44%